Bitcoin remains trapped in a tight consolidation range that began over two weeks ago, fueling expectations of an imminent breakout or breakdown. The lack of decisive movement has created a state of market indecision, with neither bulls nor bears taking full control. Price continues to hover between key support and resistance levels, showing no strong signs of accumulation or distribution. Related Reading: Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle According to new data from CryptoQuant, the Bitcoin Heat Macro Phase—a metric that reflects the overall temperature of the market—currently sits at a neutral level
source: https://www.newsbtc.com/bitcoin-news/bitcoin-heat-macro-phase-signals-market-sits-between-accumulation-and-distribution/